(KMOV) – Business owners in University City told News 4 their trolley project is right on schedule and there’s no real risk of losing its federal funding.

Joe Edwards, the chairman of the Loop Trolley Transportation District said the project has hit every deadline outlined by the Federal Transit Administration.

He predicts construction could start as soon as February of 2014.

“I can’t wait until it’s put up to bid because that’s when we’re really going to know what the price is for real. Our experts have analyzed it and reported to us that we’re well within budget, so I’m not worried about it.”

The 2.2 mile route will run from University City Hall, head east on Delmar Boulevard and travel south on Debaliviere to the Missouri History Missouri and back.